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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?


To: Torus who wrote (1059)5/24/2001 11:48:58 PM
From: Michail Shadkin  Respond to of 6873
 
Torus - Re: REFR

I dont really follow this company that much, but here are initial impressions:

cap 343 million
cash is 1.03/share
short interest i s8.9%

no estimate as nobody follows the stock

float 10 million
insiders own only 17%, no real reason for them to sell.
institutions only own 6% of the float, almost no interest.

last 4 years, losses every year and slightly increasing.

Chart looks ok for shorting.

Looks like a pretty reasonable short and hold at $28

Thanks for the idea.
Michail